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Nets will own their own D-League team

 
Knicks forward Julius Randle speaks on 2OT win over Celtics
No firm timetable yet for return of Bulls guard Coby White
Deandre Ayton speaks on lack of Suns extension agreement
G League: Raptors 905 coaching staff announced
Pelicans and Jonas Valanciunas agree to contract extension
Jaylen Brown had some breathing issues due to COVID-19
Jim Boylen named head coach of November 2021 USA Basketball World Cup Qualifying Team
DeMar DeRozan buys new Chicago mansion
Celtics re-sign Jabari Parker
Timberwolves exercise contract options on Anthony Edwards and Jaden McDaniels
Raptors exercise contract options on Precious Achiuwa and Malachi Flynn
Lakers add Avery Bradley via waiver wire
Hawks sign Kevin Huerter to contract extension
Pacers sign Malcolm Brogdon to contract extension
Grizzlies sign Jaren Jackson Jr. to contract extension
Rockets add Garrison Mathews, waive Anthony Lamb
Spurs exercise contract options on Keldon Johnson and Devin Vassell
Hornets waive Wes Iwundu
Lakers sign Jay Huff to two-way contract
Celtics sign Brodric Thomas to two-way contract
Raptors waive forward Ishmail Wainright
Memphis Grizzlies waive Kris Dunn, David Stockton and Matthew Hurt
OKC Thunder waive Mamadi Diakite, Justin Jaworski and Oliver Sarr
Trail Blazers waive Patrick Patterson, Marquese Chriss and Quinn Cook
Timberwolves waive forward Vince Edwards
Orlando Magic waive Admiral Schofield, B.J. Johnson, Jeff Dowtin and Hassani Gravett
Utah Jazz waive forward Nino Johnson
Mavericks waive Justin Jackson and EJ Onu
Sacramento Kings exercise contract option on Tyrese Haliburton
Dallas Mavericks sign Justin Jackson and E.J. Onu
Dallas Mavericks waive Carlik Jones, Feron Hunt and Tyrell Terry
Miami Heat waive DJ Stewart, Javonte Smart, Micah Potter and Dru Smith
Rockets sign Daishen Nix, waive Marcus Foster
Atlanta Hawks exercise contract options on De’Andre Hunter, Cam Reddish and Onyeka Okongwu
Timberwolves waive Brian Bowen II, Chris Silva, Matt Lewis and Isaiah Miller
Grizzlies sign David Stockton, waive Ahmad Caver
Kings waive forward Emanuel Terry
Timberwolves sign forward Vince Edwards
Lakers waive Joel Ayayi, Chaundee Brown Jr., Cameron Oliver and Trevelin Queen
Pelicans waive John Petty Jr.
Utah Jazz sign forward Nino Johnson
Utah Jazz waive Derrick Alston Jr., Marques Bolden and MaCio Teague
Charlotte Hornets waive Jalen Crutcher and Cameron McGriff
Rockets sign Armoni Brooks and Marcus Foster, waive Tyler Bey
Grizzlies sign Ahmad Caver and Matthew Hurt, waive Sean McDermott and Romeo Weems
Lakers waive guard Mac McClung




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| Nov. 6, 2015

Nets will own their own D-League teamThe NBA Development League and the Brooklyn Nets today announced that the club has acquired the right to own and operate an NBA D-League team. The new team, the Long Island Nets, will begin play in the 2016-17 season at Barclays Center in Brooklyn before relocating to its permanent home at the new Nassau Veterans Memorial Coliseum for the 2017-18 campaign. The Nets become the record 12th NBA team to fully own and operate its NBA D-League affiliate, while the NBA D-League expands to a record 21 teams for the 2016-17 season.

“Today’s announcement is an exciting one – not only for the NBA D-League, which welcomes the league’s record 21st team; or the Nets, who will have a place for young talent to develop; but for Nets fans,” said Malcolm Turner, NBA D-League President. “The NBA D-League is a place where talented young athletes refine their skills and develop into NBA contributors, and fans in Brooklyn, and later on Long Island, are sure to enjoy watching current and future NBA talent in an affordable, family-friendly atmosphere. I’m excited to work with the Nets’ executive staff as we ramp up to the start of the 2016-17 season together.”

“The creation of a D-League club goes hand in hand with the building of a younger, more athletic Brooklyn Nets team,” said Brooklyn Nets Principal Owner Mikhail Prokhorov. “It will provide additional roster opportunities that will serve us well as we focus on realizing the full potential of our coaches and players, current and future.”

Five members of the current Nets roster have played in the NBA D-League – Markel Brown, Sergey Karasev, Shane Larkin, Willie Reed and Donald Sloan. Additionally, Nets assistant coaches Joe Wolf and Jay Humphries both served as NBA D-League head coaches.

"This is a great step for our franchise,” said Billy King, Nets General Manager. “We will now have the ability to help our young players and coaches grow and develop.”

“The Long Island Nets will be a great brand extension of the Brooklyn Nets, and will give us the opportunity to reclaim a territory that was once ours,” said Brooklyn Nets and Barclays Center CEO Brett Yormark. “The creation of the Long Island Nets is indicative of our ownership’s commitment to the Nets and to the franchise’s future success. The new team will also serve as a proving ground for up-and-coming talent in all areas of our business.”

The new Nassau Veterans Memorial Coliseum, to open in the winter of 2016, will be developed and operated by Nassau Events Center, led by Onexim Sports and Entertainment, Bruce Ratner and Yormark, the same team that brought Barclays Center to Brooklyn.

Nassau County Executive Edward P. Mangano stated, "The Long Island Nets will have a world-class sports and entertainment destination to call home once transformation of the new Nassau Veterans Memorial Coliseum is complete. I welcome the Nets franchise and their heritage back to Nassau County."

Playing with 19 teams for the 2015-16 campaign, the NBA D-League will tip of its 15th season on Nov. 12 when the Westchester Knicks host the Maine Red Claws. The 2015-16 NBA season tipped off with a record 30 percent of players boasting NBA D-League experience, including at least one NBA D-League alum on each NBA team’s roster. To date, six NBA players, including two members of the 2015 NBA Draft class, have been assigned to the NBA D-League to develop their skills.

The Nets join the Charlotte Hornets as NBA teams to launch their NBA D-League team for the 2016-17 season, when the league will feature 21 teams. For the 2015-16 season, 10 NBA clubs own and operate their NBA D-League affiliate: Cleveland Cavaliers (Canton Charge), Golden State Warriors (Santa Cruz Warriors), Indiana Pacers (Fort Wayne Mad Ants), Los Angeles Lakers (L.A. D-Fenders), New York Knicks (Westchester Knicks), Oklahoma City Thunder (Oklahoma City Blue), Philadelphia 76ers (Delaware 87ers), San Antonio Spurs (Austin Spurs), Toronto Raptors (Raptors 905) and Utah Jazz (Idaho Stampede).


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